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20130125
20130125
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Search Results 0 to 19 of about 20 (some duplicates have been removed)
. the consumer is in a worse spot primarily because of tax hikes. supply side economics, right. so apple is a consumer company for the most part and i think that any consumer company will struggle. >> that's an important point. let's follow that point. is part of this apple drop weakness in consumer spending or expected weakness, or is it, in fact, the competition from samsung and the fact that the company is not executing. in other words is it a company story, an economics story, what is it? >> there's a lot of company specific stuff going on just comparables this quarter versus a year ago. that's part of it. it's a maturing company to a degree. it's going through its growth phase. now getting into the phase which hopefully will last a long time you focus on return on invested capital. that could be fine. the market has to adjust to that perception. i think the consumer point is a good one. is the consumer going retrench with higher taxes and we see the jobless claims out the last few weeks -- >> coming down. >> they are looking great. >> is it seasonal or real. we won't know that for a
for many, many years both of the tax consistent with spending. and nobody ever put the debt ceiling or the u.s. willingness to pay its obligations on the table in the way it was placed in the summer of 2011, and the way here it is now being placed on the table again. it's a big mistake and 2011 to create this degree of uncertainty and fear in the u.s. and around the world and the big mistake to do it again today. >> why would any good thinking patriotic american want to use the debt ceiling as a vehicle to reduce spending rather than the other legislative opportunities it would have? what would the reason be? certain not to embarrass the united states of america. >> i have no idea, mr. rangel, but i can tell you that -- >> well, if you don't have any, then maybe it is the objectives of this president at whatever cost, some leaders our so-called leaders have said, that they want to stop this president and the were unsuccessful in that measure. so maybe, maybe they decided to change tactics and maybe this discussion is a necessary and we find some of the way to a handle on the deficit
do we mean just raising taxes? isn't most of the austerity in europe raising taxes? >> no. >> not in greece? >> it would actually be starting to collect taxes. >> we raise taxes, which have to do with the middle class -- >> that's the austerity you're talking about, raising taxes? >> yes. >> and also the cutting of wages. we have a dramatic cut in wages, not only in the public sector, but also in the private sector. because the economy, the basis itself on small and medium enterprises, which mainly produce for the domestic market, this has been a distraction. we have lost a lot of jobs, a lot of company, the private sector in a very bad state, in a country which was growing with a rate of more than 4%. but this double -- >> so much more than you were taking in at that point. there's a deficit that has to be paid off. and the measures you're talking about, technology and organizing the economy could take a long time to kick in. >> this is correct. but the main problem in greece was always state revenues. because they do not tax the rates. they allow tax evasion for the weal
tax hikes for roads. massachusetts is consideringdering raising the state's gasoline sales and income taxes or imposing a tax based on how far someone drives. virginia wants to end its gasoline tax and increase the sales tax instead. >>> and "the washington post" has details of a new strain of norovirus. it appeared in australia last march and is spreading in britain. here in the u.s. it's caused half of the 266 norovirus outbreaks since september. it's responsible for about >>> all right. starting out with a lot of clouds around the bay area, fog thick around san jose. reports of some scattered light showers outside today. visibilities down to a quarter mile in concord and napa so watch out for fog. hit and miss scattered showers. highs in the 50s and 60s. cold air on the weekend and maybe a few cold showers. warming up next week. weather report sponsored by new pantene. healthy makes it happen. deaths each year. >>> the search engine that is searching you. googles is handing over more information about its users to law enforcement than ever b
in washington? the higher payroll taxes, and the general sense that the economy's not getting any better. is it? the answer's simple. why you may not think the overall economy is getting better, you're missing the big picture, partner. if you were to ask me to game the market using just one figure, one figure only, it wouldn't be what apple earns, the gross domestic product, the growth rate of earnings or the dividend yield of the s&p, it would be the weekly jobless claims. the weekly jobless claims is an indicator of future employment in this country. there's absolutely no coincidence that we had five-year highs today in the stock market. at the same time that unemployment claims hit five-year lows. it isn't fanciful that the market's roaring because jobs are being created at an accelerating pace. it's the most important determinant of the stock market. after all, the market got crushed when unemployment went above 5.5% and soared right into the great recession. i think these positive jobless numbers are occurring because of the certainty that comes from putting a presidential election and a t
seems to want to continue to plow higher. >> absolutely. we have some tax clarity. we have some debt ceiling clarity. you give the market clarity, and improving economic numbers and decent earnings season hard for us not to rally higher. you know, we're closing over 1500. we closed over 1500 under monday. i think that is really bullish for the next couple of weeks at least through friday's employment numbers. i want to point out something really interesting that is happening. the jcj the correlation index. little in the weeds here. but what it really measures how stocks are correlating to the s&p 500. when stocks are correlating a lot, that's bearish stocks and it makes stock picking very, very difficult because really you're picking stocks, a slave to the overall market. that index is now at precrisis lows. so stock pick something now something we can do. something we haven't been able to do for a long period of time. so what are we seeing this first quarter? stocks are moving but the indexes are not. so you're being rewarded for being a good stock-picker and being penalized, apple,
during the years of planning. when famine came. the people have given us seven years of extra taxes. but i saw the wisdom adjusted, pay down our guests and stories receipts against the leaner times that will surely follow. in the midst of the great depression, franklin roosevelt said there's a mysterious cycle in human events. to some generations much is given. of others, much is expected. this generation has a rendezvous with destiny. we write in california have a rendezvous with destiny. around spc data and skepticism about about her future of america. but we have accomplished together all the people in assuming that you'll accomplish coming up. indeed the whole history of california belies such pessimism. i wonder how california began. in 1769 under king charles the third, orders were issued to dekalb ace, occupy important sites, san diego monterey for the crown of spain. his brave men made their way slowly north along an unchartered pass. eventually they reached moderate, could recognize that they had identified him as supplies failing, they marched san diego. for us to eat the
. you see. charles: i made it on time. stuart: don peebles is a nice guy. he does not want higher tax rates. he wants lower tax rates. charles: he does have a conservative look. it goes against all of your core principles to back president obama. stuart: by the way, thank you liz. now it is time to give it to connell. connell: you did look like you are getting along very, very well. i am connell mcshane. has housing finally turned a corner? that will be our big debate and discussion this morning. jamie dimon says, yes, it is going back up. >> it will not get better in spite of the economy. supply and demand. for household formation. connell: wait a minute, a drop in sales came in. we will sort all this out coming up. and flipping houses and fixing them up. vanilla ice, of all people, is with us during this hour. republicans need to get tougher and cut federal programs. 58% of americans oppose anything happening. we are going to start with the stock market. we have been talking about this. we are up again today with nicole petallides covering it from the new york stock exchange. nicole
taxes. >> two very different approaches, but which went down better at davos? our correspondent has more. >> angela merkel can be joyful and comical. today, she was not. she was serious while cameron was casual, full of british humor, selling himself and his country, he even got applause during his speech, and although most people here criticized sharply his plans for a referendum, he did not say a lot about this topic today. he sold it as his duty to deliver the referendum to the british citizens. in contrast, angela merkel did not try to be entertaining. she emphasized the common interests of britain and the european union, like structural reforms, free trade agreement with the united states, and make europe more competitive, obviously trying to deal with a new conflict as coolly as possible, a strategy that has brought her a lot of success in the last years. thursday was the day of cameron and merkel. now everybody is heading to one of the numerous parties if they have enough energy, and tomorrow, we will continue the discussion over the role of the central bank's -- banks now and in
, merger which i think could happen with the fortune. and really could. it's not till november that the tax laws allow that to be. i do believe it's going to blow a quarter. i think mtw should split itself up into two separate companies. food, service, and cranes. remember those ice machines when you go out to -- ice machines, you feel like you're getting something for free. it's really water. we also get results from beemus. its tom symbol is bms, which stands for buy my stock. here's the stock i mentioned earlier this week as part of the brand new bull market in packaging of all things. you're going to sey 15id that. i'm expecting a very good quarter after the close. we get the new one, the ipo, barry plastics. the other packaging bull market player. i think there's a lot to like here too. on the lookout for both of these. if buy my stock goes down ahead of when it reports, buy its stock. all right. now, on friday morning i think you're going to see the contrast between the world's largest oil company, exxon, which has truly become a serial disappointer, and chevron, which has become a co
's direction and tired of partisan gridlock. chambliss had angered tea party forces when he supported tax increases as part of a plan to tame the federal deficit. wall street closed the week with another rally. the dow jones industrial average gained 70 points to close near 13,896. the nasdaq rose 19 points to close at 3,149. the s&p 500 finished above 1,500 for the first time since 2007. for the week, the dow gained nearly 2%; the nasdaq rose half a percent. those are some of the day's major stories. now, back to jeff. >> brown: we turn to israel, where prime minister benjamin netanyahu is working to build his coalition after tuesday's election. the contest saw a surprisingly strong showing from a centrist party led by a former television personality. margaret warner is in jerusalem. i spoke with her a short time ago. >> so margaret, a few days after the election what kind of government seems to be taking shape? >> jeff, i'm told that bebenetanyahu is trying to put together a very broad coalition, not relying just on the trawl religious and ultra conservative and settler movement crowd t
supported tax increases as part of a plan to tame the federal deficit. wall street closed the week with another rally. the dow jones industrial average gained 70 points to close near 13896. the nasdaq rose 19 points to close at 3,149. the s&p 500 finished above 1,500 for the first time since 2007. for the week, the dow gained nearly 2%; the nasdaq rose half a percent. those are some of the day's major stories. now, back to jeff. >> brown: we turn to israel, where prime minister benjamin netanyahu is working to build his coalition after tuesday's election. the contest saw a surprisingly strong showing from a centrist party led by a former television personality. margaret warner is in jerusalem. i spoke with her a short time ago. >> so margaret, a few days after the election what kind of government seems to be taking shape? >> jeff i'm told that bebenetanyahu is trying to put together a very broad coalition, not relying just on the trawl religious and ultra conservative and settler movement crowd that is in his current government. so he is working with that surprise second place fini
. they've got plenty of room to make a good margin and pay this tax to microsoft for the operating system. i'm not so concerned about apple as much as just the whole market getting commoditized. on the consumer side, i think that's a tough market for microsoft. if you don't need office, you really don't need to pay a premium for your products. they can afford to cut price on their hardware. microsoft's hair wear shipments are material on the market. they're there to show good design. it's important that their partners -- >> you could say they're out of touch. you mentioned office. i see now there's a suggestion that actually when the new office suite comes out, it will be licensed. you will pay a monthly subscription in order to have microsoft office. that doesn't seem to be where the bulk of the market is at the moment. that's not what consumers are doing, generally in their lives, is it? >> actually, simon, 20% of office's consumer, you know, 80% is enterprise, and 60% of enterprises are on subscription already. so there is a pretty significant migration to subscription that's well alon
, but they are not themselves currency. and we see this not only in farm tokens but in transportation tokens tax tokens of the mid-century, and have been utilized to sort of control who was paying for what. i have several farm tokens in my own collection. i have never in my life seen this many tokens in one place. you've never actually counted how many tokens are here. guest: no, no idea. appraiser: there's certainly several hundred of a variety of denominations, sizes, and styles. do you have any idea of its value? guest: i really don't. i paid $500 for it, but... appraiser: not an insignificant sum. guest: no, but i had purchased one here, one there, but never had i seen anything with the original box. so i was willing to do that. appraiser: it's the box and the number of tokens and the varieties that are here that make it so interesting, as well as the tie back into the pasadena part of maryland. and you're family also farms in that area? guest: they did, yes. appraiser: talking with some of the other folks at my table we feel that there's probably between 250 and 300 tokens here, an
this in two buckets. one bucket is reducing costs. the other bucket is increasing taxes. if you think you can get this all done, to the amount we have to do with, let's say, a ten-year program, you're going to have to dig very deep. we need a third bucket and it is sitting right there and we should use it. it is energy. fracking, for example, has created 1.75 million jobs. billions and billions of dollars going to the states and federal coffers. we have more energy than anybody in the world and if we, in an environmentally friendly way, acquire it, go on the federal lands, do it in the right way, we'll get that extra piece of cash, and bring manufacturing and jobs back to the united states or create them in the united states because of our energy. >> the last four years of the obama presidency was marred by not great relationships between the business community and the administration. you are one of the key faces of the business community. have you reached out to the president or has he reached out to you since his election to say let's make this four years look very different? >> just rememb
spending and i don't think we can continue to tax the american economy. we need economic growth but it's about prioritizing spending. i have conservative beliefs foreign aid can be useful, but we have to get our spending out of control. we utilize the position to encourage the president to work with us in good faith to solve the debt and deficit issue >> i spent six months i guess it was or five months as a member of the super committee. and i put an enormous amount of energy and hope that we would be able to get the bigger bargain. i'm not here to go through the details of why we didn't, that there was a very hard line monitor negotiating position that prevented us from being able to come to an agreement which incidentally we just came to. but we can to this with far less on the table and far less accomplished than we would have if we had come to that agreement six months ago or a year ago. my hope is yes, i certainly will weigh in on that and the degree that it does not impact on - devotee to do my job and the ability of the state department to be able to do its job. we cannot reduce
not think we can continue to tax the american economy. it is about prioritizing spending. i am a fiscal conservative it. we have to get our spending under control. will you utilize your position to encourage the president to work with us and good faith to solve the debt and deficit issue? >> i spent six months or five months as a member of the super committee. i put an enormous amount of energy and help that we would be able to get the big bargain, granted deal. i am not here to go through all the details what we did not. there was a very hard line, not negotiating position that prevented us from being able to come to an agreement which, incidentally, she we just came to. we can do it with far less on the table and far less accomplished that we would have if we can to the agreement six months ago or one year ago. my hope is, yes, i will weigh in on that to a degree that it has an impact on my ability to do my job and the ability of the state department to do its job. we cannot reduce the funding for some of these initiatives that we are engaged in without great cost to our ability to be
with a biased media and to concentrate all power on the central government in washington with the tax and spend liberals. everyone of those phrases is contemporary. it is and attitude for more than a judgment that shuts us off from accurate history and from their promise of democracy. i am hoping this issue focusing on race and people's resistance to discuss race, to insist that race is salt and it is unsolvable -- is solved. they're both mean we do not need to discuss it. this issue discusses it. when we do discuss it, when we learn things, that is when good things happen. that is the doorway to the promise of freedom. america is still not there yet. i hope we can take advantage of this time. we're marching through these 50- year anniversaries. bring our history back into balance and address the problems of the future with intelligence and with patriotism. thank you. [applause] >> good morning. >> good morning. >> i'm so happy that amtrak or marc got itself together. it was wonderful to hear the comments that have been made so far. greeting is on behalf of the kellogg foundation. i am gail chr
Search Results 0 to 19 of about 20 (some duplicates have been removed)

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